52. Lump sum scheme in respect of retailers. section 9.

 (1) A retailer for the purpose of this rule is a dealer registered under the Act who sells goods exclusively within the State after purchasing them from VAT dealers or other retailers in the State or after purchasing them in the course of inter-State trade or commerce from outside the State.

(2) Subject to other provisions of this rule, a retailer, in whose case aggregate of purchases of taxable goods made, and value of goods received for sale, by him during the last year does not exceed twenty five lakh rupees, may, at any time, opt for payment of lump sum, calculated in accordance with the provisions of sub-rule (4), by making application in form A given below and a retailer who makes an application for registration may also exercise such option by making an application in form B given below simultaneously:

Provided that a retailer who deals in aerated water/drinks or medicines shall not be eligible to opt for payment of lump sum:

Application in form A

Form of application under rule 52 of the Haryana Value Added Tax Rules, 2003

(For a dealer who is already registered under the Act)

To

The Assessing Authority

District ………………….

I/We …..…………….… proprietor/partner/director/manager of M/s .……………….………………………… district ………………… holding TIN .………………… opt for payment of lump sum in lieu of tax from the beginning of the year ………………… in terms of the provisions of rules 46 and 52 of the Haryana Value Added Tax Rules, 2003.

2. The business concern is a retailer and deals in mainly following commodities:-

3. The aggregate of purchases made in the last year was about Rs. lakh.

4. The stock of goods, which have not been subjected to tax under the Act or the Act of 1973, is valued at Rs. , and that purchased in the course of inter-State trade or commerce from outside the State is valued at Rs

(Give value of stock of such goods taxable at different rates of tax separately)

Place: …………                                                           Signature of the person making the application

Date …………                                                             Status …………………………………………

Application in form B

Form of application under rule 52 of the Haryana Value Added Tax Rules, 2003

(For a dealer who is simultaneously making application for registration under the Act)

To

The Assessing Authority

District ………………….

I/We………………………………………… proprietor/partner/director/manager of M/s ……………………….… district ………………… am/are applying for registration under the Act and opt for payment of lump sum in lieu of tax from the commencement of the business (date of becoming liable to pay tax) in terms of rules 46 and 52 of the Haryana Value Added Tax Rules, 2003.

3. The gross turnover of the business is likely to be Rs. ……………. in a full year of operation.

Place. ……………                                                               Signature of the person making the application

Date…..………….                                                               Status …………………………………………

(3) The application made under sub-rule (2) shall, subject to the correctness of the information furnished therein, be allowed from the date of the application.

(4) The retailer whose application has been allowed (hereinafter referred to as the ‘lump sum retailer’) under the foregoing sub-rule shall furnish returns in Form VAT-R7 and shall pay lump sum at quarterly intervals within one month of the close of the quarter. The lump sum for a quarter sh all be computed at the rate of 1% of the aggregate of purchases of taxable goods made from registered dealers in the State during the quarter subject to a minimum of Rs.900/- per month (or part thereof) plus lump sum computed on the value of taxable goods purchased in the course of inter- State trade or commerce from outside the State during the quarter at the same rates as the rates of tax applicable if such goods were to be sold in the State:

Provided that the lump sum retailer shall, within one month of his application having been allowed, pay a lump sum on the value goods, not purchased in the State on payment of tax whether under the Act or the Act of 1973 or received or brought from outside the State, held in stock by him on the date of application, calculated at the rate of tax applicable on sale of such goods in the State:

Provided further that purchase value of goods for the purpose of computing lump sum shall be the invoiced price including all taxes and charges shown in the invoice.

(5) The lump sum retailer shall keep regular account of purchases made by him, separately in respect of exempted and taxable goods. He shall not be required to keep account of sales but if he makes a sale of goods price whereof exceeds ten thousand rupees or in case the purchaser requests for the goods to be invoiced, he shall issue a retail sale invoice to the purchaser and shall keep record of all such invoices.

(6) The lump sum retailer shall be authorised to make purchase of goods on declarations in Central form C from outside the State but he shall not be authorized to make use of declaration in Form F. He shall be required to make use of declarations in Form VAT-D3 for carrying goods. He shall declare the use of both declarations in Central form C and Form VAT-D3 in his returns.

(7) The lump sum retailer whose aggregate of value of taxable goods purchased in a year exceeds twenty five lakh rupees shall continue to pay lump sum during that year and composition of tax in his case shall cease to have effect only from 1st April next. Such retailer shall be entitled to claim the credit of input tax on the stock of goods in trade held by him at the close of 31st March subject to furnishing information relating to such goods held in stock with his return for the quarter ending 31st March.